Alternative fuel vehicles (AFVs) became mainstays in the news in 2017, with several big stories focusing predominantly on electric vehicles (EVs). This, combined with several other factors, could mean a big year in 2018 for EVs and a real shift towards an electric, autonomous, and connected vehicle future. Electric Vehicle Tax Credit The electric vehicle tax credit ranges from $2,500 to $7,500 for new EVs purchased depending on the size of the vehicle. This tax credit is available until 200,000 qualified vehicles have been sold in the U.S. by each vehicle manufacturer. As a side note, this threshold has yet to be met by any manufacturer. The threat of elimination of the electric vehicle tax credit in the federal tax overhaul was one of the biggest EV news stories in 2017. The House version of the bill originally eliminated the $7,500 EV tax credit, while the Senate version did not.… Read More Will Electric Vehicles Have Their Year in 2018?
Category: Alternative Fuel Vehicles
Fleets for the Future Website and Best Practices
The Fleets for the Future (F4F) project, led by NARC and funded by the U.S. Department of Energy’s Clean Cities Program, has recently released four extensive best practices documents on alternative fuel vehicle (AFV) procurement. The guides, which are available on the new Fleets for the Future website, cover gaseous fuel and electric vehicle procurement, fleet transition planning for AFVs, and financing strategies for AFV procurement. F4F seeks to achieve nationwide economies of scale for AFVs through aggregated procurement initiatives. Following the kickoff of the five regional procurements led by the regional council team members, a national procurement initiative will be spearheaded by the Mid-America Regional Council with support from NARC and several Clean Cities from around the country. The F4F national procurement will include a public and private fleet component with a national bid process and promotion of national AFV contracts. Visit the new website to learn more the… Read More Fleets for the Future Website and Best Practices